Hargreaves Lansdown abandons independent model
UK investment manager Hargreaves Lansdown has changed its financial advisory service to a restricted model and removed the minimum investment requirement.
UK investment manager Hargreaves Lansdown has changed its financial advisory service to a restricted model and removed the minimum investment requirement.
Life assurance firm Prudential is the most complained about company in the life and pensions sector, according to the latest data from the Financial Conduct Authority.
Guernsey banking deposits rose £6.1bn over the past year to reach £83.6bn as 112 new additions joined the island’s investment funds listing.Guernsey banking deposits rose £6.1bn over the past year to reach £83.6bn as 112 new additions joined the island’s investment funds listing.
Former Keydata Investment Services finance director Craig McNeil has been fined £350,000 and banned from performing any role of “significant influence” relating to life settlement bond sales that took place six years ago.
Edmond de Rothschild Asset Management has hired Allianz Global Investors sales director Daniel Lee to lead a new push into the UK market.
Zurich Insurance has abandoned plans to buy RSA Insurance Group after making a £5.6bn bid for the rival company last month.
Aegon is to leave the Association of British Insurers (ABI) at the end of the year.
Journalists love conflict. It sells newspapers. It gets people tuning in to radio and TV. Which is why we are so quick to frame something as a battle between two diametrically opposed sides.
The number of individuals applying for a UK investor visa plummeted by around 82% in the second quarter of 2015 compared to the same period last year, Home Office figures reveal.
The UK’s lifeboat scheme has ruled that failed financial advisers who gave bad advice to invest in property investment scheme Arck LLP are liable for losses.
Dutch insurance giant Aegon is looking to sell its annuity business in the UK, following on from a move by the French insurer Axa to offload its British business, as international insurers react to the changing regulatory environment.
The Investment Association, which represents the UK’s £5.5trn investment management sector, is to examine executive pay across the industry in a bid to simplify what it acknowledges are complex structures.